Raleigh developer readies work for $50M luxury apartments

Work is set to begin on a new luxury apartment community in Holly Springs where plans call for hundreds of new units near a busy shopping center. Raleigh-based Dominion Realty Partners along with Amzak Capital Management and Kite Realty Group have announced the start of construction on Holly Springs Apartments, a  239-unit, $44.8 million apartment community in Holly Springs.  The project is situated on 16 acres at the corner of New Hill Road and Old Holly Springs Apex Road. It's adjacent to…